U.S. Housing Market
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
Report: Cash-Out Refinances Fuels Most Refinancing Activity
The report also found tappable equity hit another record high during the second quarter. Continue Reading Report: Cash-Out Refinances Fuels Most Refinancing Activity
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
The national PAPI rose to 171.5 in March from 168.9 in February, a record high. Continue Reading MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
Guest Opinion: Can Solar Tax Credits Help Make Housing More Affordable?
Many states offer their own state tax credits for solar installs that work in tandem with the federal-level credit. Continue Reading Guest Opinion: Can Solar Tax Credits Help Make Housing More Affordable?
MBA: Mortgage Applications Up 3.7%
The seasonally adjusted Purchase Index increased 5%. Continue Reading MBA: Mortgage Applications Up 3.7%
Is A New Housing Bubble Being Formed?
“Plainly put, a generational housing bubble is on the horizon,” the authors said in Kelley Real Estate Outlook. Continue Reading Is A New Housing Bubble Being Formed?
Real Estate Trade Groups Voice Support of Federal Fair Housing Rule
“Realtors are champions for diverse, inclusive communities where everyone can thrive,” said 2023 NAR President Kenny Parcell. Continue Reading Real Estate Trade Groups Voice Support of Federal Fair Housing Rule
CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
CFPB Director Rohit Chopra said that “threatening to sue to collect on expired zombie mortgage debt is illegal.” Continue Reading CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
Rental Housing Prices Up in March
The greatest rent hikes were in Indianapolis (10.3%), Cincinnati (9.6%) and Milwaukee (7.8%). Continue Reading Rental Housing Prices Up in March
Case-Shiller: Home Prices Up in February
Before seasonal adjustment, the U.S. National Index posted a 0.2% month-over-month increase in February. Continue Reading Case-Shiller: Home Prices Up in February
Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction
The Sheriff’s Office in Osage County has selected Bid4Assets to host the auction. Continue Reading Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction
Florida Home Sales Down While Prices Remain Elevated
“Buyers in Florida remain challenged by mortgage rates above 6% and economic pressures like inflation,” observed 2023 Florida Realtors President G. Mike McGraw. Continue Reading Florida Home Sales Down While Prices Remain Elevated
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